We have this pair at a year low, while trying to have all conditions to favour a Pullback buy, we advise you open a Pending Buy and wait for price to come to you. Trade war is a major catalyst for this pair ATM but we won't rule out technical support to open Buy orders.
Short term TP1/2 +30/+50 with extension of TP3 +100
Black horizontal lines on...
We still trading short term tagets for 30, 50, 100pips
We expect (some Possible drop) but we got pullbacks from Monday.
Trade safely with manageable lot sizes. We keep SL open and in profit once we are in green trades.
Short term profits target TP1/2.
Friday we expect more #US-CHINA Headlines, trending trade headlines earlier today were denied by #China but no immediate reversed effect seen in the market. However, we keep watchful eyes.
Short term profits target TP1/2
We expect price to reach 0.7025 as its above TL as shown on chart, if it does without triggering Sell STOP first then order is invalidated. Cancel and watch out for next Entry.
More Fundamentals on #US-CHINA trade agreement expected all week. Be vigilant trade setups could be distorted as per headlines.